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Is this the time of year to put your vacant land on the market in the lower Hudson valley NY?

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Real Estate Agent with Coldwell Banker Realty/Coldwell Banker Commercial NRT 30SA0872839 
Is this the time of year to put your vacant land on the market in the lower Hudson valley NY?

In the lower Hudson Valley, including Westchester and Putnam counties, the best time to list vacant land often depends on buyer activity and the property’s unique attributes. However, winter through early spring can be surprisingly strong for land sales, especially for buyers planning construction in the warmer months. Here's why this time could work well:

Reasons to List Now:

  1. Tax-Year Planning: Buyers often make purchases at the end of the year to utilize tax benefits or plan for the next year.
  2. Developer Momentum: Developers and builders frequently scout properties during the winter to prepare for spring construction.
  3. Low Inventory: Land inventory is typically lower in the winter, giving your property less competition and more visibility.
  4. Holiday Planning: Some buyers use the holiday downtime to research and plan real estate acquisitions.

Seasonal Considerations:

  • Snow Impact: Ensure the property is easily accessible and features are visible despite snow or barren vegetation.
  • Marketing Strategy: Use professional photos or drone footage taken during the greener months to highlight the property’s potential.

If your land offers features like sewer access, proximity to developing areas, or subdivision potential, you may capture interest regardless of season. With current high demand for land in the lower Hudson Valley, it’s a strong market for sellers year-round.

Would you like assistance preparing a marketing strategy or exploring comparable sales?

 
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Richard Weeks
Dallas, TX
REALTOR®, Broker
Great information, thanks for sharing.  I hope you have a great day.
Dec 04, 2024 03:02 AM
Thomas Santore Lic Associate Real Estate Broker

Thank you,

Tom S

Dec 04, 2024 06:36 AM